Hamilton County, IN Average Home Price (2026)
The average home price in Hamilton County, Indiana is about $410,000 (the 2026 median across 13 ZIP codes, at ~$198/sq ft) — 75% more expensive than the Indiana median and 42% more expensive than the typical U.S. home.
How Hamilton County compares
Hamilton County is relatively expensive for housing nationally: its typical home costs $410,000 against $234,000 for Indiana and $289,000 for the U.S. Within the county, ZIP-level values run from about $308,000 to $590,000.
| Area | Typical value | $ / sq ft |
|---|---|---|
| Hamilton County | $410,000 | $198 |
| Indiana | $234,000 | $154 |
| United States | $289,000 | $193 |
Cities in Hamilton County
Cities with their own home-value page, largest first:
Hamilton County home prices by ZIP code
The 13 most valuable ZIP codes in Hamilton County (of 13 with data):
| ZIP code | Typical value | $ / sq ft | vs county |
|---|---|---|---|
| 46033 Carmel | $590,000 | $202 | +44% |
| 46032 Carmel | $587,000 | $239 | +43% |
| 46074 Westfield | $508,000 | $212 | +24% |
| 46290 Indianapolis | $486,000 | $256 | +19% |
| 46037 Fishers | $475,000 | $171 | +16% |
| 46062 Noblesville | $439,000 | $192 | +7% |
| 46034 Cicero | $410,000 | $230 | +0% |
| 46038 Fishers | $380,000 | $189 | -7% |
| 46060 Noblesville | $358,000 | $185 | -13% |
| 46280 Carmel | $346,000 | $221 | -16% |
| 46069 Sheridan | $339,000 | $198 | -17% |
| 46031 Atlanta | $334,000 | $178 | -19% |
| 46030 Arcadia | $308,000 | $193 | -25% |
Home value appreciation in Hamilton County
Home prices in Hamilton County have risen about 103% over the last 10 years (≈7.4% a year) and +119.1% over 20 years, according to the FHFA house price index through 2025. The most recent year came in at +4.8% — still rising. A home worth $410,000 today was worth roughly $201,573 ten years ago.
See where that trend takes a specific home with the home appreciation calculator — statewide, Indiana is +94.5% over the same 10 years. Past appreciation is a track record, not a forecast; local prices can fall.
Calculators for Hamilton County
Run the numbers for Hamilton County with the local rates already filled in — change any input to test your own situation.
Salary needed to buy a home in Hamilton County
To buy the typical $410,000 home in Hamilton County with 20% down, you need a household income of roughly $112,000 a year (about $2,600 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $133,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $20,500 | $3,230/mo | $139,000/yr |
| 10% (+PMI) | $41,000 | $3,090/mo | $133,000/yr |
| 20% | $82,000 | $2,600/mo | $112,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in Hamilton County
At about $198 per square foot, here is roughly how much home different budgets get you in Hamilton County:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $200k | 1010 sq ft | below the local median — condos, smaller or older homes |
| $250k | 1260 sq ft | below the local median — condos, smaller or older homes |
| $300k | 1520 sq ft | below the local median — condos, smaller or older homes |
| $400k | 2020 sq ft | around the typical home here |
| $500k | 2530 sq ft | around the typical home here |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens filtered to Indiana.
Estimate a specific home in Hamilton County
Enter your ZIP and size for an instant estimate tailored to your exact area:
Hamilton County home prices: frequently asked
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Browse all Indiana cities and counties, or look up price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research; FHFA house price index; Census ZIP-to-county relationships), not appraisals.